Sobhagya Mercantile Preferential Warrants Issue ₹87.75 Cr

Sobhagya Mercantile's Board approved issuance of 13,01,000 Convertible Warrants to Non-Promoters at ₹674.49 each, aggregating ₹87.75 crore.
Two allottees — Nova Global Opportunities Fund PCC-Touchstone and Zeal Global Opportunities Fund — will receive 6,50,500 warrants each.
Board also approved material related party transactions with three highway private limited entities, subject to member approval at EGM on 20th April, 2026.